Dominique Strauss-Kahn’s ex-wife is set to recover a Matisse painting returned by Cornelius Gurlitt, the German art collector who for decades hoarded hundreds of works in his Munich apartment and in a house in Salzburg.
Cornelius Gurlitt, the art collector who for decades hoarded hundreds of works in his Munich apartment and in a house in Salzburg, has instructed his court-appointed adviser to hand back items looted from Jewish owners.
Bernard Madoff’s art, including carpets and works by Andy Warhol and Henri Matisse, will go to auction to raise money for customers of his Ponzi scheme, said the trustee liquidating the Madoff brokerage. The artwork, insured for more than $575,000, formerly decorated Madoff’s offices in Manhattan’s Lipstick Building and the borough of Queens, trustee Irving Picard said in a federal court filing in Manhattan today.
Henri Matisse ’s life-size bronze of a woman’s back sold for $48.8 million, an auction record for the artist, as Christie’s International ’s New York Impressionist and modern art sale sustained a recovery from last year’s recession.
The suspected ringleader of a band of thieves who stole artworks by Picasso, Monet and Matisse from a Dutch museum still has access to five of the pictures and is ready to hand them over in return for a Dutch trial, his Romanian lawyer said.